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Ramelius Resources Limited (ASX:RMS)

ALERT: Price-sensitive ASX Announcement for RMS
Current share price for RMS : $3.040 -0.34 (-10.06%)+
Announcement
Release
10 Dec 2025 8:38AM
Price at Release
$3.380
Full Release
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Summary
Ramelius Resources Limited has announced a significant capital management initiative, which includes a share buyback program of up to A$250 million and an increase in minimum dividends to 2 cents per share. This initiative is part of the company's strategic capital allocation pillars for FY26 and FY27, aimed at reinvestment, increased shareholder returns, and maintaining a robust balance sheet. The share buyback is set to commence around December 24, 2025, and will be executed over an 18-month period. The allocation between share buybacks and dividends is at the discretion of the Ramelius board and based on a gold price of A$5,000/oz, with plans to adjust the payout ratio in FY28. This decision underscores the company's confidence in its continued generation of strong free cash flow and a growing production profile.
Key Points
  • Ramelius Board approved A$250 million share buybacks over 18 months.
  • Buyback program expected to start around December 24, 2025.
  • Minimum dividend increased to 2 cents per share annually.
  • Capital allocation includes reinvestment, shareholder returns, and balance sheet maintenance.
  • Allocation strategy based on a gold price of A$5,000/oz.
  • Plan to reset and grow payout ratio in FY28.
  • Continued focus on delivering strong free cash flow and increased production.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.